rich dad poor dad

1. The extremely talented but poor people "are one skill away from great wealth" - that of selling their talent well.
2. "Money is not real."
3. Learn to be "A Jack of all trades and a master of a few."
4. "When it comes to money, high emotions tend to lower financial intelligence."
5. "Knowledge was power. And with money comes great power that requires the right knowledge to keep it and make it multiply. Without that knowledge the world pushes you around."
6. "If you hate risk and worry... start early."
7. "Winning means being unafraid to lose."
8. "Failure turns losers into winners."
9. "Cynics never win... cynics criticize and winners analyse... Criticism blinded while analysis opened eyes."

This book has an insight, which makes us reexamine our ingrained ways of thinking, about finance and our system of education. Rich Dad says, "I have more than 150 employees, they ask me for a job and a paycheck, but never to teach them about money." This brings forth the author's Rule #1 (out of 6) "The poor and the middle class work for money. The rich have money work for them... The reason for poverty or financial struggle is self-inflicted fear and ignorance, not the economy or the government or the rich."
Kiyosaki's definition of the truly Rich are those people who know, "it's not how much you make, it's how much you keep, and for how many generations you keep it."


The step-by-step tutorial begins, "If you want to be rich, you need to be financially literate" and he shows you how to gather knowledge with diagrams and easy examples. Kiyosaki calls it Financial IQ, which comes from learning about: 1. Accounting - an ability to read financial statements. 2. Investing - Involves strategies and formulas. 3. Understanding stock markets. 4. The law of the land.

There is even a chapter on "Getting Started" on getting wealthy with startling and convincing strategies. This book is one for the `must read list' to hone our existing skills, to learn new strategies in finance and to deal with everyday life with a focus and a set of rules to serve our lifetime goal `to be rich.'

What exactly is I.T.?

What exactly is I.T.? Information Technology is the application of computer systems and their use in a wide range of businesses to increase productivity. In all such applications, the role of the computer is to process data or information and to solve problems or take decisions using information. I.T. brought along with it networking, newer software platforms, the Open-Source Movement, miniaturization of product lines ranging from mobile units to computers and has completely changed the life-style of people all around the world. I.T. helps to ensure that computers work to increase efficiency of the organizations. Nearly every company, from a software design firm, to the biggest manufacturer, to the smallest ‘shop around the corner’, needs I.T. to keep their business running smoothly.

Another study done by Time magazine emphasizes importance of IT in a more heuristic manner: Remove IBM and the whole of North America and Europe will come to a standstill. Like the age old adage goes, "The worth of water is not realized, until the well goes dry". Much of the excitement in I.T. is due to the dramatic pace of dynamism. The result of this startling dynamic nature is that ever more new applications have become economically feasible.